6405 Kingston Rd

FOR SALE
$1
6405 Kingston Rd, Scarborough
6405 Kingston Rd
6405 Kingston Rd
6405 Kingston Rd
6405 Kingston Rd
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
E10416976
MLSID
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Property Description
Fully assembled property in a highly sought-after location, offering exceptional potential for redevelopment into multi-family apartment or retirement living. Strategic location situated on a busy street ensuring each access to public transportation and assessibility. Perfect for developers looking for a promising, supported and high return project.
Extras
Drawings for two retirement home buildings with a potential for 300 units on 2.5acres land. 6405 and 6415 Kingston Rd being sold together.
Nearby Intersections
Property Features
River/Stream
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Fronting
South
Taxes
$6,981 (2024)
Basement
Fin W/O
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
Scarborough Market Statistics
Scarborough Price Trend
6405 Kingston Rd is a 3-bedroom 3-bathroom home listed for sale at $1, which is $1,333,745 (100.0%) lower than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.
Inventory Change
There were 888 3-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Scarborough over the last 30 days (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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